Coming Conflict with China: Part 1 - From Potential Conflict to Real Danger

Thomas Fox - Compliance Evangelist
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In the short span of the 21st Century, the world’s two top powers, the United States and China, have moved inexplicably toward a showdown. This evolved from a commercial competition into something more akin to permanent non-kinetic warfare. What does this mean for US business doing business in and with China? In this special 5-part blog post series, Tom Fox and Brandon Daniels, CEO of Exiger, a global leading third-party and supply chain management software company, explore issues diverse as a real danger, supply chain, exports, See more +
In the short span of the 21st Century, the world’s two top powers, the United States and China, have moved inexplicably toward a showdown. This evolved from a commercial competition into something more akin to permanent non-kinetic warfare. What does this mean for US business doing business in and with China? In this special 5-part blog post series, Tom Fox and Brandon Daniels, CEO of Exiger, a global leading third-party and supply chain management software company, explore issues diverse as a real danger, supply chain, exports, cyber-attacks, and IP theft from the business perspective and give the compliance and business executive their viewpoints on what you can do to not only prepare your company but protect it as well. In Part I, we discuss potential conflict to real danger.

Are your relationships headed toward conflict or real danger? Find out in this first episode of this special 5-part podcast series. In this series, I am joined by Brandon Daniels, who is an advocate for free markets and democracy and is passionate about providing transparency to the global corporate ecosystem. As this podcast series was being recorded, Chinese authorities arrested employees of the Mintz Group in Beijing. The Mintz Group is a well-known and well-respected international investigations firm. This is one more step in the increasing opacity of the Chinese market. He was also concerned about the economic battle being lost to Chinese companies due to their coercive tactics. Finally, he urged people to be aware of the national security risk posed by cheap bids from Chinese companies and to look for alternative sources of supply.

Key Quote- Brandon Daniels:

“Don’t just go with the cheap bid. Pay attention to the national security risk that a cheap bid from one of these Chinese companies could mean to your business and think differently about how you establish security in critical products.”

Key Takeaways:

1. What is the Chinese government doing to increase opacity in the Chinese market, and how is this impacting global free markets?

2. How is the Chinese government manipulating the economics of the global market, and what implications does this have for businesses?

3. What strategies and approaches can businesses take to ensure security and diversity in their supply chain? See less -

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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